Potatos_are_not_friends@lemmy.world to News@lemmy.world · 3 年前13 states will join the IRS direct income tax filing pilot in 2024 - The Vergewww.theverge.comexternal-linkmessage-square68fedilinkarrow-up1352cross-posted to: hackernews@lemmy.smeargle.fanshackernews@derp.footechnews@radiation.partytechnews@radiation.party
arrow-up1352external-link13 states will join the IRS direct income tax filing pilot in 2024 - The Vergewww.theverge.comPotatos_are_not_friends@lemmy.world to News@lemmy.world · 3 年前message-square68fedilinkcross-posted to: hackernews@lemmy.smeargle.fanshackernews@derp.footechnews@radiation.partytechnews@radiation.party
minus-squareSaltySalamander@kbin.sociallinkfedilinkarrow-up4·3 年前 This information is already furnished to the IRS The fact that you sold it is already furnished to the IRS, yes. But not what your cost basis was, therefore not what you actually owe. You have to either calculate that yourself or have someone who knows what they’re doing do it for you.
minus-squareZorg@lemmings.worldlinkfedilinkarrow-up5·3 年前Some fancy trades perhaps not, but I have yet to have a line item not have this on it: (basis reported to the IRS)
The fact that you sold it is already furnished to the IRS, yes. But not what your cost basis was, therefore not what you actually owe. You have to either calculate that yourself or have someone who knows what they’re doing do it for you.
Some fancy trades perhaps not, but I have yet to have a line item not have this on it: (basis reported to the IRS)
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